NSE Nifty

The Indian stock market ended its four-week winning streak after the hawkish U.S. Federal Reserve forecast on the interest rate drop and FIIs' selling.

Benchmark stock market indices continued to dip, with the S&P BSE Sensex ending the session nearly 1,000 points lower and the NSE Nifty50 falling below 24,000. 

Benchmark stock market indices closed lower on Wednesday.

The BSE Sensex tanked 1,064.12 points or 1.30% to close at 80,684.45.

The domestic equity benchmark indices closed lower on Monday. 

Sensex hit and closed above the 74,000 mark for the first time as it rose to a fresh all-time high of 74,151.27 while the Nifty 50 hit its record high of 22,497.20 during the session.

Benchmark equity indices Sensex and Nifty closed at new record levels on Monday in a highly volatile trade driven by gains in energy and bank shares and a rally in Asian markets.

Both Sensex and Nifty touched their record highs on Friday, March 1, closing at a never-before-seen height at 3:30 pm.

Benchmark stock indices Sensex and Nifty closed with gains on Thursday in a highly volatile trade amid the scheduled monthly expiry of derivative contracts.

Domestic benchmark equity indices, the Sensex and the Nifty 50, ended Wednesday's session lower on the backdrop of a lack of direction and led by heaving selling in PSU bank, realty, auto, oil, and gas stocks.